iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Plans Monthly Dividend of $0.20

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) declared a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be given a dividend of 0.1994 per share on Monday, December 23rd. This represents a $2.39 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Wednesday, December 18th. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Down 1.4 %

Shares of NASDAQ USIG traded down $0.72 during midday trading on Wednesday, reaching $50.31. The company’s stock had a trading volume of 879,592 shares, compared to its average volume of 1,029,726. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.08 and a fifty-two week high of $52.94. The business’s 50 day moving average price is $51.29 and its two-hundred day moving average price is $51.35.

About iShares Broad USD Investment Grade Corporate Bond ETF

The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated, investment-grade corporate debt. USIG was launched on Jan 5, 2007 and is managed by BlackRock.